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FAQ: Angkor Resources' Block VIII Oil & Gas Exploration in Cambodia
TL;DR
Angkor Resources Corp. identifies four drill targets in Cambodia's Block VIII, offering potential first-mover advantage in an undrilled fold-belt with large anticlines similar to productive Thai fields.
EnerCam Resources analyzed 350-line km of seismic data across four subbasins, mapping structural traps up to 100 sq km and planning 3000m wells to test multiple prospective zones.
This exploration could help Cambodia become an oil and gas producing nation, potentially creating energy independence and economic development opportunities for the country's future.
Angkor Resources discovered exceptionally rare undrilled fold-belt structures in Cambodia, resembling Wyoming's early exploration days, with anticlines covering tens of square kilometers in the Bokor subbasins.
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Angkor Resources' energy subsidiary EnerCam has identified four drill targets for exploratory oil and gas wells on Block VIII in Cambodia, based on final interpretation of seismic data covering 350-line kilometres across four subbasins.
According to Dr. David Johnson, finding an undrilled fold-belt with multiple anticlines of these sizes, each with four-way closures, is exceptionally rare. The structures resemble traps in the Khorat Basin where Nam Phong and Sinphuhorn fields have produced significant gas for 20 years.
Structural traps have been found in a north-south trend of multiple large, elongated anticlines along a fold belt, with four-way closures covering tens of square kilometers: South Bokor (57 km²), Central Bokor (54 km²), and North Bokor (100 km²).
A stratigraphic trap with an estimated area of 28 square kilometers is present in the Kirirom subbasin (formerly called the Mussel Basin) in the northeast corner of the license area.
Primary traps are expected in gently folded seals and reservoirs adjacent to angular unconformities in the sedimentary section. Secondary traps may exist in sections below, between, and above the primary targets, meaning each well could find multiple gas or oil accumulations.
The next step is to tender and undertake an Environmental Impact Assessment on the areas targeted for drilling before proceeding with exploratory drilling.
The wells may exceed 3000 metres depth in order to evaluate the two primary prospective zones in each hole, with drilling planned to test two primary objectives in each Bokor basin well.
Angkor Resources granted 250,000 stock options at $0.35 per share with a 12-month term to consultants assisting with business development, pursuant to the Company's Stock Option Plan approved by shareholders in 2025.
Block VIII is a 4095 square kilometre license area in Cambodia, with seismic data covering the South, Central, and North Bokor subbasins on the west side and the Kirirom subbasin in the northeast corner.
Dr. David Johnson serves as the Qualified Professional for Angkor Resources, and teams of up to eight geoscientists and professionals continue to work on fine-tuning the interpretation and definition of drill target stratigraphy.
Curated from NewMediaWire
